How to Price Your Home to Sell Quickly: 5 Tactics to Get a Quick Offer Youre Still Happy With

Img

Need to press fast-forward on your home sale due to a sudden life change or general impatience? The easiest lever you have to control the speed of the process is price, which you can ratchet up or down at a moment’s notice.

But lowballing the price for the sake of a quick sale could force you to accept a disappointing offer.

Your best bet? Find out how to price your home to sell quickly without having to make major compromises. We’ll show you how to take a measured approach by incorporating these 5 tips that incorporate market data, an aggressive sales strategy, and professional expertise to secure a fast offer that won’t leave you in the lurch.

Source: (Richard Harris/ Death to the Stock Photo)

Tactic #1: See what a cash buyer would pay for your house.

Cash is king, especially in real estate. Cash buyers are generally less risky for the seller, paving the way for a smooth transaction that doesn’t require jumping through financing hoops.

Rather than waiting up to 45 days for a loan to process, a cash transaction should process within two weeks. These sales don’t require an appraisal, though in most cases, cash buyers will still require a standard home inspection.

Note that direct buyers will likely offer a discounted price as part of their negotiations. But the convenience and speed of sale might be more appealing than that extra money, especially if you stipulate that you’re selling the house “as is”—if the house needs repairs, the seller won’t be on the hook for them.

HomeLight features its own marketplace for this kind of transaction called Simple Sale. With a network of over 100 pre-approved “iBuyers” (instant home buyers), Simple Sale allows home sellers and agents to compare competitive offers that may offer up to about 95% of the home’s fair market value.

Curious what your house could command from an iBuyer in your market? Just fill out some information about your home and location and we’ll present you with the best price ranges available from a Simple Sale buyer. Then you can make an informed decision from there.


More From Life Style